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Stock impact report

What's Going On With BCE's Dividend? [Yahoo! Finance Canada]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
In that period, the stock has declined 37% in price, while delivering a 14% total return. These results look particularly bad when compared to the TSX in the same period: the index has delivered a 92% return in five years. It's pretty clear that BCE stock has disappointed investors. What's really interesting, though, is the role that the company's dividend played in investors' disenchantment with BCE. In this article, I'll explore what's going on with BCE's dividend and what it means for shareholders. What's going on with BCE's dividend? In its May 2025 earnings release, BCE announced that it was about to cut its dividend from $0.99 to $0.43 per quarter — more than half! The dividend cut was dramatic, and it triggered a major selloff in BCE stock, which fell 43% in the period after the dividend cut was announced. On the surface, this would appear to be unusual behaviour. Academic theory in finance says that a dividend should reduce the value of a stock, not increase it. Going Show less Read more
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